Dr. Julius Kwaku Kattah, a respected Chartered Economist and Economic Adviser, has hailed the 24-hour policy proposal put forward by the Presidential Candidate of the National Democratic Congress (NDC), John Dramani Mahama, as a crucial step towards addressing Ghana’s escalating youth unemployment crisis.
In an enlightening discussion on Ahotor 92.3 FM‘s morning show, Adi Kyi Mu Nsem, Dr. Kattah emphasized the pressing need to tackle youth unemployment, highlighting its potential threat to national security. He criticized the incumbent NPP government, asserting that their efforts to address the issue have been insufficient.
Dr. Kattah underscored the significance of the 24-hour economic policy, noting its focus on revitalizing the agricultural sector as a strategic move with far-reaching impacts. He explained that the policy aims to enhance productivity across the entire agricultural value chain, fostering wealth creation and job opportunities through collaborative partnerships with the private sector.
Furthermore, Dr. Kattah pointed out that the implementation of the 24-hour economic policy holds the promise of significantly reducing Ghana’s reliance on food imports, which currently places a substantial strain on the country’s financial resources. By bolstering domestic agricultural production, Ghana stands to capitalize on the immense potential of Africa’s burgeoning food market, projected to reach a staggering $1 trillion by 2030. He highlighted Ghana’s substantial food imports in 2020, totaling $2.7 billion, as indicative of the urgent need to bolster domestic food production and reduce reliance on imports.
Dr. Kattah’s insights shed light on the transformative potential of the 24-hour economic policy, offering a beacon of hope for Ghana’s youth and the nation’s economic prosperity. As discussions on policy solutions continue, his remarks underscore the critical importance of proactive measures to address youth unemployment and bolster Ghana’s economic resilience.
LISTEN TO DR. JULIUS KATTAH IN THE AUDIO BELOW:
Story by: Emmanuel Romeo Tetteh(#RomeoWrites) / Ahotoronline.com
